real estate

Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
May 25, 2023  |  Economy

Federal Reserve Bank of Richmond President Tom Barkin reportedly said there is a “demand slowdown.” At the same time, Barkin declined to say the country is nearing a recession,...

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Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions
Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions
May 17, 2023  |  Insurance

Obie has raised $26 million in Series B funding to expand its embedded insurance offering for real estate investors. The firm will use the new funding...

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Instant Payments to Put an End to Cashier’s Checks at Real Estate Settlements
Instant Payments to Put an End to Cashier’s Checks at Real Estate Settlements
May 16, 2023  |  Real-Time Payments

Real estate, put simply, often involves the largest transaction that any of us as individuals ever tackle. Cheryl Gurz, vice president of product management for The...

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Rental Platform Avenue One Reaches $1 Billion Valuation
Rental Platform Avenue One Reaches $1 Billion Valuation
May 15, 2023  |  Real Estate

Property technology company Avenue One has reportedly achieved unicorn status after raising $100 million. The funding values Avenue One at $1 billion, Bloomberg News reported...

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9 in 10 Real Estate Firms Bet Big on Real-Time Payments
9 in 10 Real Estate Firms Bet Big on Real-Time Payments
May 12, 2023  |  Real-Time Payments

Real estate firms have historically run on paper — but that may be about to change. Real estate firms are weighing the benefits of adopting...

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EMTransfer Enables Real-Time Payments for Real Estate Transactions
EMTransfer Enables Real-Time Payments for Real Estate Transactions
May 09, 2023  |  Real-Time Payments

EMTransfer now enables real-time payments for real estate transactions over the RTP network. Delivered over The Clearing House’s RTP network through KeyBank’s application programming interfaces...

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Banks Unlikely to Loosen Credit Until 2024
Banks Unlikely to Loosen Credit Until 2024
May 08, 2023  |  Loans

Banks expect to continue tightening lending standards across all loan categories through the rest of 2023. That projection comes after a quarter in which banks...

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Potential Homebuyers May Be Chasing Dreams Longer as Market Reheats
Potential Homebuyers May Be Chasing Dreams Longer as Market Reheats
May 01, 2023  |  Real Estate

Homebuying is effectively impossible. That’s according to data from PYMNTS’ February “Consumer Inflation Sentiment Report,” which is backed up by the February S&P CoreLogic Case-Shiller...

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Best Egg and AppFolio Enable Rent Payment in Installments
Best Egg and AppFolio Enable Rent Payment in Installments
April 27, 2023  |  Real Estate

Best Egg and AppFolio have partnered to enable rent to be paid in installments. Financial wellness platform Best Egg will be integrating its Flexible Rent...

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